1749 S 6th Avenue, Tucson, AZ 85713
$1,400,000






Property Type:
Multi-Family
Square Footage:
15,365
Lot Size (sq. ft.):
21
Status:
Closed
Current Price:
$1,400,000
List Date:
8/29/2005
Last Modified:
10/26/2024
Description
Parcel #s 118-18-1800, 118-18-1880, 118-18-1930, 118-181940. Motel - 32 rooms with kitchenettes. Mobile Home Park - 25 Spaces.
More Information MLS# 2509483
Address Information
Country: USA
Street #: 1749
Direction: S
Street Name: 6th
Suffix: Avenue
State/Province: AZ
Zip Code: 85713
County: Pima
Location, Tax & Legal
Tax Year: 2004
Taxes: 12261
Assessments: 0
Legal Description: Lots 1-3 & 8-14 Blk 15 Chattman's Add Bk 2 P22 Lots 15-16-17 & N 1/2 lot 18 Blks Hughes Sub Bk 3.
Township: 14
Community: None
Range: 13
Section: 24
Municipality/Zoning: Tucson - SR
Fire Protection: Included in Taxes
Tax Code: 118-18-1800
Area: South
Subdivision: Chattmans Add
Status Change Info
Off Market Date: 2005-10-31
Sold Price/SqFt: 91.11
Lot Sz Sold Prc/SqFt: 18.29
How Sold: Cash
Pending Date: 2005-10-01
Sold Date: 2005-10-31
Sold Price: $1,400,000
Showing Information
Directions: South on 6th Avenue from 22nd Street.
General Property Information
Lot Dimensions: 180x200x150x130x300x330x30x85
Lot Acres: 1.76
Lot Sqft: 76518
Lot Size Source: Assessor
List Price/SqFt: 106.74
Lot Size Price/SqFt: 21.43
Combined SqFt: 15365
Year Built: 1939
Unit Info
# of Units/1 BR: 15
Avg Mo Rent/1 BR: 870
# of Units/2 BR: 13
Avg Mo Rent/2 BR: 1080
# of Units/3 BR: 4
Avg Mo Rent/3 BR: 1230
# of Units/Other: 25
Avg Mo Rent/Other: 160
Income
Vacancy Loss: 74000
Other Income: 45000
Adjusted Gross: 341000
Total Expenses: 150888
Gross Scheduled Rent: 370000
Net Opp Income: 190112
Analysis
Gross Rent Multi: 4.8
Vacancy Rate %: 20
Exp/SqFt: 9.82
Exp % of Gross: 44.24
Cap Rate %: 11.59
Construction
Masonry Stucco: 1
Expenses
Admin Expenses: 62000
Gas/Electric: 10389
Insurance: 5641
Maintenance Supplies: 30965
Taxes/Assessments: 12261
Water/Sewer: 11794
Other Expenses: 17838
Sewer
Connected: 1
Water
Public: 1
Main Cooling
Evaporative Cooling: 1
Wall Unit(s): 1
Zoned: 1
Main Heating
Wall Furnace: 1
Interior Features
Furnished: 1
Interior Steps: Yes
Security
None: 1
Sold Info
Down Payment: 15000
Financing: 1
Property Disclosures
Lead Based Paint: 1
Miscellaneous
Master Elec Meter: Yes
Master Gas Meter: Yes
Master Water Meter: Yes
Package Available: Yes
Contract Information
Current Price: $1,400,000
Sold Price: $1,400,000
Listing Date: 2005-03-30
Status: Closed
Remarks Misc
Geo Lat: 32.201348
Geo Lon: -110.967251
Property Features
Construction: Masonry Stucco
Interior Features: Furnished
Main Cooling: Evaporative Cooling; Wall Unit(s); Zoned
Main Heating: Wall Furnace
Sewer: Connected
Water: Public
Security: None
Property Disclosures: Lead Based Paint
Sold Info: Financing
Documents
Listing Office: MH&K Realty
Last Updated: October - 26 - 2024

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